Yes, in this credit agreement, it is possible to include a provision stating that the borrower can repay all or part of the loan at any time by giving the lender specific notice. It is possible to include an early repayment indemnity representing a percentage of the amount borrowed. If the loan is to be secured by collateral, the guarantor and lender should also sign the bonding agreement attached to the document. For your credit agreement, you can download this free and printed template in Word (documents) or PDF. A person or organization that practices predatory loans by calculating high interest rates (known as the “credit shark”). Under no circumstances is the borrower always responsible for the payment of the principal and interest in case of delay. It is enough to enter the State in which the loan was contracted. A loan agreement, also known as a fixed-term loan or loan agreement, is a document between a lender and a borrower containing a repayment plan. The loan agreement is an enforceable promise between the parties, under which the borrower must repay the lender according to a payment plan. The money to be lent would then have to be advanced to the date set by the agreement and repayment begins according to the terms of the agreement. .